An Insolvency Service spokesperson recently stated that:
‘We can confirm that on 12 January 2021 the Insolvency Service, acting on behalf of Secretary of State, applied for director disqualification orders against eight directors and former directors of Carillion. The application was made in the public interest.’
Tim Thompson of Kangs Solicitors comments upon the circumstances.
Anyone who becomes the subject of Director Disqualification Proceedings should seek immediate expert guidance.
The team at Kangs Solicitors regularly assists clients facing proceedings for alleged breaches of the requirements presented by Companies Act and Insolvency legislation including all aspects of Director Disqualification Proceedings.
Our award-winning team, led by Hamraj Kang, is nationally recognised for its work in Civil, Criminal and Regulatory Investigations and is highly regarded by the leading law directories Legal 500 and Chambers and Partners.
We are here to assist and our team can be contacted for confidential and discrete advice as follows:
History Leading to The Disqualification Proceedings | Kangs Insolvency Solicitors
On 15 January 2018, Carillion Plc (‘the company’), went into Compulsory Liquidation and the Official Receiver was appointed Liquidator.
During the course of the liquidation, the Official Receiver investigated the events leading to the company’s failure and the conduct of the directors and others throughout this period.
Upon conclusion of the investigation, the Official Receiver submitted an adverse report to the Secretary of State who, having considered it carefully, determined it to be expedient in the Public interest for eight directors, both former and current to be made subject to Director Disqualification Proceedings alleging that their conduct fell below that required of directors to the extent that they should be barred from further involvement in the management of a company.
How Can We Help You? | Kangs National Insolvency Litigation Solicitors
Amongst other services, the team at Kangs Solicitors is happy to:
- provide advice on and appear at Public and Private Examinations,
- prepare for and attend Interviews, including those with the Official Receiver / Insolvency Service,
- prepare all necessary documents required in the face of Director Disqualification Proceedings,
- provide assistance and guidance in the defence of court proceedings of any nature including Director Disqualification proceedings issued by the Secretary of State.
Who Should I Contact? | Kangs Director Disqualification Solicitors
If you require help and assistance in respect of any of the issues mentioned above or any other issues arising from alleged breach of the Companies Act or Insolvency Act legislation, please feel free to contact our Team through any of the following who will be happy to provide you with initial advice.